Entegris Inc. (NASDAQ:ENTG) COO Todd James Edlund sold 7,207 shares of Entegris stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $18.22, for a total value of $131,311.54. Following the sale, the chief operating officer now owns 129,569 shares in the company, valued at $2,360,747.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Entegris Inc. (NASDAQ:ENTG) traded up 0.411% on Wednesday, hitting $18.325. The stock had a trading volume of 80,365 shares. Entegris Inc. has a 52-week low of $10.37 and a 52-week high of $18.65. The company has a 50-day moving average price of $16.81 and a 200 day moving average price of $15.84. The firm has a market cap of $2.59 billion, a PE ratio of 29.134 and a beta of 1.43.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Wednesday, October 26th. The company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. Entegris had a return on equity of 15.06% and a net margin of 7.82%. The firm had revenue of $296.70 million for the quarter, compared to the consensus estimate of $292.68 million. During the same period in the prior year, the business posted $0.23 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Equities analysts forecast that Entegris Inc. will post $0.91 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Entegris (NASDAQ:ENTG)

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Nationwide Fund Advisors boosted its position in shares of Entegris by 55.9% in the third quarter. Nationwide Fund Advisors now owns 171,513 shares of the company’s stock valued at $2,988,000 after buying an additional 61,468 shares during the period. Moody Aldrich Partners LLC boosted its position in shares of Entegris by 523.7% in the second quarter. Moody Aldrich Partners LLC now owns 132,405 shares of the company’s stock valued at $1,916,000 after buying an additional 111,175 shares during the period. Shell Asset Management Co. purchased a new position in shares of Entegris during the third quarter valued at about $578,000. SECOR Capital Advisors LP boosted its position in shares of Entegris by 86.7% in the second quarter. SECOR Capital Advisors LP now owns 99,746 shares of the company’s stock valued at $1,443,000 after buying an additional 46,315 shares during the period. Finally, Oxford Asset Management purchased a new position in shares of Entegris during the second quarter valued at about $786,000. 97.35% of the stock is currently owned by institutional investors.

Several equities research analysts recently weighed in on ENTG shares. Zacks Investment Research lowered Entegris from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 27th. Craig Hallum reiterated a “buy” rating on shares of Entegris in a research note on Thursday, July 28th. Pacific Crest lifted their price objective on Entegris from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Thursday, July 28th. Needham & Company LLC initiated coverage on Entegris in a research note on Monday. They set a “hold” rating for the company. Finally, Dougherty & Co cut Entegris from a “buy” rating to a “neutral” rating in a research note on Thursday, July 28th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $19.00.

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About Entegris

Entegris, Inc is a developer, manufacturer and supplier of materials and solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company designs, manufactures and markets its products through two segments: Critical Materials Handling and Electronic Materials.

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